In this article, we discuss 5 most anticipated IPOs of 2022. If you want to see more companies in this selection, click 10 Most Anticipated IPOs of 2022.
5. Instacart
Potential Valuation: $39 billion
Instacart is a California-based company that offers grocery retail and delivery services to customers in the United States and Canada. The company has a mobile application and a website where customers can place their orders. Instacart has listed products from more than 700 retailers, and users have millions of items to choose from. Instacart was founded in 2012 by Apoorva Mehta, Max Mullen, and Brandon Leonardo.
Instacart is a widely discussed and speculated IPO of 2022. Amid the pandemic-fueled online retail frenzy in 2020, Instacart rose to the occasion and added 200 new retailers to its application for the convenience of its customers.
The most recent funding round for Instacart was concluded in March 2021, where $265 million was raised. This propelled the company’s valuation to a whopping $39 billion, up from $17.7 billion a few months prior. Instacart’s 2021 revenue grew 10% year-over-year to $1.65 billion.
While the company has not officially filed for an IPO, it is rumored that it will debut in 2022. These rumors are fueled by the management’s comments late last year, when it pushed its IPO that was expected in Q4 2021 “until next year”. 4. Chime
Potential Valuation: $35 billion to $45 billion
Founded in 2013, Chime is an American fintech company that offers free online banking services, checking accounts, savings accounts, debit cards, credit cards, and fee-free overdraft. The company generates revenue by collecting interchange fees on card transactions.
Chime had been aiming for a March 2022 IPO, with potential valuation ranging between $35 billion to $45 billion. However, the company pushed its initial public offering to the second half of 2022 given the 40% decline in fintech stocks since October 2021.
3. Mobileye
Potential Valuation: $50 billion
Mobileye is a Jerusalem-based company that was acquired in 2017 by Intel Corporation (NASDAQ:INTC). Mobileye designs autonomous driving technologies and provides cameras, software, and computer chips to enable an enhanced driving experience. Some of its notable clients include BMW, Audi, Volkswagen, Nissan, Honda, and General Motors.
The Intel subsidiary discreetly filed for an initial public offering in the US on March 7, and is speculated to be one of the biggest stock floats of 2022. Intel, which purchased Mobileye for approximately $15.3 billion, will be the recipient of the majority IPO proceeds. Mobileye’s potential valuation stands at $50 billion.
2. VinFast
Potential Valuation: $60 billion
VinFast is a Vietnamese automaker that was founded as a private limited liability company in 2017. The company aims to deliver electric vehicles, in addition to its regular automobiles, motorcycles, and commercial vehicles. VinFast is the first automaker from Vietnam to hit the global markets. The company is a member of Vingroup, a giant Vietnamese conglomerate that operates in the technology, real estate, retail, healthcare, and hospitality sectors.
VinFast expects to be publicly listed in the United States by the second half of 2022, raising at least $3 billion via its IPO. Vingroup has created a holding company named VinFast Singapore, which will carry out the VinFast IPO and proceed to make it a global brand. VinFast expects EV sales of 42,000 units in 2022, up from its prior guidance of 15,000 vehicles. The company is confident in gaining market share in the United States, and competing with mainstream names like Tesla, Inc. (NASDAQ:TSLA) and General Motors Company (NYSE:GM). The potential valuation of VinFast came in at $60 billion, making it one of the most anticipated IPOs of 2022 amid market interest in electric vehicles.
1. Stripe
Potential Valuation: $95 billion
With a $95 billion valuation, Stripe is perhaps the most talked about IPO of 2022. The Irish-American company provides SaaS payments solutions for e-commerce websites and mobile applications. Patrick and John Collison, Irish billionaire entrepreneurs and brothers, founded Stripe in 2009.
The company is continuously making strides after its solid performance in the pandemic years. Stripe is partnering for payments with Apple Inc. (NASDAQ:AAPL) and Shopify Inc. (NYSE:SHOP), and is expanding in the crypto universe by designing financial solutions that make the transactions of cryptocurrencies and NFTs smoother.
Stripe could attain a higher valuation when debuted publicly, since the $7.5 billion revenue in 2020 and operations expanding in 50 countries makes the company quite desirable for investors. The IPO is projected to go live in mid-2022.
You can also take a look at 10 Penny Stocks with Upcoming Growth Catalysts and 10 Dividend Stocks Redditors Buy for Early Retirement.
